Chief Manager/AVP - Operational Risk - NBFC

Job Title : Operational Risk  

Department - Risk Vertical

Reporting Manager Head Credit and risk Team (Y/N) N

Job Location - Jaipur State Rajasthan

Job purpose :

This role is responsible to Establish and maintain an Operational Risk Management (ORM) Framework within the business/support units that enables identification, assessment, mitigation, measurement, monitoring and reporting of key operational risks

Roles and responsibilities :

- Initiate and develop OR policies, processes and framework according to standards for risk management.

- Review of OR Framework and related policies related to business unit

- Implement plan to prevent, eliminate/minimize and mitigate operational risks.

- Conduct root cause analysis of OR incidents and ensure effective corrective action

- Support the business to design controls to enable risk management for new products/processes

- Drive continuous improvement in the business control environment by using OR tools

- Conduct RCSA and discuss with functional heads for preventive/ corrective action

- Develop KRI and ensure review/monitoring of KRIs and preventive/ corrective action is taken by concerned stakeholders for bringing parameters within defined thresholds

- Conducting ORMC, documenting minutes and timely closure of ATRs.

- Review of revised SOPs and oversee effective design of controls for all revised/changed processes

- Publishing KRI Dashboard and OR Event Dashboard to Functional Heads on a periodical basis.

- Ensure constitution of appropriate operational risk committees with approved terms of reference including quorum, recording minutes, follow up for closure of identified actionable

Specification & Key Requirements :

- Experience and knowledge of OR Tools.

Includes:

- Education CA Specialized Knowledge

- Skill Set (Must) Skill Set (Desired) - Ability to coordinate with business/operation manager on Risk & Control requirements

- A good team player attitude with excellent ability to coordinate with other stakeholder

- Ability to manage strict deadlines with highest quality of delivery and analysis

- Good written and oral communication skills to handle and drive the interaction with stake holders and peers in an effective manner.

Professional Certificate ( If Any) Experience Range Minimum 10 years 

Personal Characteristics Dynamic personality with high level of energy and positive attitude Abilities

Preferred Industry BFSI Language proficiency English